Jet Solar Ltd
₹ 18.9
3.00%
14 Aug
- close price
- Market Cap ₹ 22.4 Cr.
- Current Price ₹ 18.9
- High / Low ₹ 46.0 / 17.5
- Stock P/E 561
- Book Value ₹ 17.8
- Dividend Yield 0.00 %
- ROCE 0.82 %
- ROE 0.34 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 1.06 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -2.26%
- The company has delivered a poor sales growth of 4.18% over past five years.
- Promoter holding is low: 12.4%
- Company has a low return on equity of 0.70% over last 3 years.
- Company has high debtors of 351 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Realty Realty Residential, Commercial Projects
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Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
8.56 | 8.44 | 6.91 | 2.53 | 2.33 | 2.75 | 0.44 | 0.15 | 0.36 | 0.46 | 0.35 | 0.54 | |
7.35 | 7.68 | 6.69 | 2.63 | 2.71 | 3.03 | 1.15 | 0.71 | 0.43 | 0.58 | 0.51 | 1.19 | |
Operating Profit | 1.21 | 0.76 | 0.22 | -0.10 | -0.38 | -0.28 | -0.71 | -0.56 | -0.07 | -0.12 | -0.16 | -0.65 |
OPM % | 14.14% | 9.00% | 3.18% | -3.95% | -16.31% | -10.18% | -161.36% | -373.33% | -19.44% | -26.09% | -45.71% | -120.37% |
0.00 | 0.19 | 0.49 | 0.76 | 0.92 | 0.61 | 0.46 | 0.35 | 0.17 | 0.18 | 0.26 | 0.76 | |
Interest | 0.37 | 0.12 | 0.23 | 0.43 | 0.35 | 0.21 | 0.17 | 0.17 | 0.05 | 0.00 | 0.03 | 0.05 |
Depreciation | 0.02 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
Profit before tax | 0.82 | 0.81 | 0.46 | 0.22 | 0.18 | 0.11 | -0.44 | -0.39 | 0.04 | 0.05 | 0.06 | 0.05 |
Tax % | 31.71% | 33.33% | 32.61% | 36.36% | 33.33% | 36.36% | -6.82% | 0.00% | 0.00% | 0.00% | 0.00% | 40.00% |
0.56 | 0.54 | 0.31 | 0.13 | 0.12 | 0.07 | -0.41 | -0.39 | 0.04 | 0.06 | 0.06 | 0.04 | |
EPS in Rs | 28.00 | 1.29 | 0.74 | 0.31 | 0.29 | 0.17 | -0.98 | -0.93 | 0.10 | 0.14 | 0.14 | 0.04 |
Dividend Payout % | 1.07% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | -24% |
5 Years: | 4% |
3 Years: | 14% |
TTM: | 54% |
Compounded Profit Growth | |
---|---|
10 Years: | -23% |
5 Years: | 16% |
3 Years: | 0% |
TTM: | -33% |
Stock Price CAGR | |
---|---|
10 Years: | -5% |
5 Years: | -14% |
3 Years: | -16% |
1 Year: | -18% |
Return on Equity | |
---|---|
10 Years: | 0% |
5 Years: | -1% |
3 Years: | 1% |
Last Year: | 0% |
Balance Sheet
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.06 | 1.05 | 1.05 | 1.05 | 1.05 | 2.10 | 2.10 | 2.10 | 2.10 | 2.10 | 4.19 | 10.05 |
Reserves | 0.59 | 4.63 | 4.93 | 5.06 | 5.18 | 4.20 | 3.80 | 3.41 | 3.45 | 3.50 | 1.47 | 7.82 |
5.12 | 1.05 | 3.78 | 3.29 | 1.97 | 1.84 | 1.64 | 1.80 | 0.38 | 0.69 | 0.44 | 0.43 | |
3.45 | 3.83 | 0.81 | 1.31 | 0.56 | 0.68 | 0.57 | 0.66 | 0.79 | 1.16 | 1.12 | 4.36 | |
Total Liabilities | 9.22 | 10.56 | 10.57 | 10.71 | 8.76 | 8.82 | 8.11 | 7.97 | 6.72 | 7.45 | 7.22 | 22.66 |
0.17 | 0.16 | 0.14 | 0.14 | 0.13 | 0.13 | 0.12 | 0.10 | 0.10 | 0.09 | 0.08 | 0.07 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 10.44 |
9.05 | 10.40 | 10.43 | 10.57 | 8.63 | 8.69 | 7.99 | 7.87 | 6.62 | 7.36 | 7.14 | 12.15 | |
Total Assets | 9.22 | 10.56 | 10.57 | 10.71 | 8.76 | 8.82 | 8.11 | 7.97 | 6.72 | 7.45 | 7.22 | 22.66 |
Cash Flows
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-0.10 | 3.66 | -0.93 | 1.45 | 0.05 | -0.83 | -0.85 | -0.12 | 0.99 | -0.33 | -0.29 | -2.46 | |
0.23 | -2.78 | -0.52 | -2.74 | 1.58 | 1.39 | 1.23 | 0.35 | 0.17 | 0.18 | 0.26 | -9.68 | |
-0.13 | -0.78 | 1.71 | 0.99 | -1.66 | -0.32 | -0.37 | 0.00 | -1.46 | 0.30 | -0.27 | 12.12 | |
Net Cash Flow | 0.00 | 0.10 | 0.26 | -0.31 | -0.04 | 0.24 | 0.01 | 0.23 | -0.31 | 0.16 | -0.30 | -0.03 |
Ratios
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 5.12 | 58.82 | 173.78 | 308.74 | 148.82 | 87.60 | 530.91 | 1,557.33 | 354.86 | 547.50 | 750.86 | 351.48 |
Inventory Days | 481.73 | 455.55 | 165.00 | 16,881.25 | 9,900.62 | 1,642.50 | ||||||
Days Payable | 31.24 | 94.28 | 101.67 | 1,368.75 | 456.25 | 82.12 | ||||||
Cash Conversion Cycle | 455.61 | 420.08 | 237.12 | 308.74 | 148.82 | 87.60 | 530.91 | 17,069.83 | 354.86 | 547.50 | 10,195.23 | 1,911.86 |
Working Capital Days | 17.91 | 142.28 | 175.90 | 845.42 | 941.48 | 776.45 | 4,512.73 | 11,777.33 | 5,262.08 | 4,046.74 | 5,704.43 | 4,907.22 |
ROCE % | 23.02% | 14.88% | 8.37% | 6.78% | 6.02% | 3.92% | -3.44% | -2.96% | 1.36% | 0.82% | 1.45% | 0.82% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
25 Aug - Newspaper Advertisement - Information to the shareholders regarding 24th Annual General Meeting of the Company scheduled to be held on Tuesday, 30th September, 2025 and …
- Reg. 34 (1) Annual Report. 22 Aug
- Annual General Meeting Of The Company For The Financial Year Ended 31St March, 2025 22 Aug
-
Integrated Filing (Financial)
22 May - Jet Solar approved audited FY25 results with unmodified opinion; appointed secretarial auditor for five years.
-
Appointment Of Secretarial Auditor Of The Company.
22 May - Jet Solar approved FY25 audited results with unmodified opinion; appointed secretarial auditor for five years.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
Business Overview:[1]
JSL focuses on residential projects in Maharashtra and Gujarat. Its operations cover all aspects of real estate development, from the identification and acquisition of land, planning, execution, and marketing of its projects, maintenance and management of its completed developments, etc. Company’s ongoing projects are at Hill Station in Dharampur, Valsad known
as Wilson Hills.